Financial Morning News 03/01/2013

h3 style=”text-align: justify;” align=”center”>GREEK FINANCIAL MARKET

The General Index in Athens Stock Exchange (ASE) closed at 941.26 posting significant profits of 3.67%, in a low turnover of €48.13mn.

TThe Finance Ministry said that Greece posted a primary budget surplus of €2.3bn in the January- November period of 2012 against a deficit of €3.6bn in the same period last year.

The Development Minister Mr. Costis Hatzidakis said that Greece absorbed €2.56bn from the European Union’s Community Support Framework program in the second half of 2012.

  • Cypriot Banks:The president Mr. Dimitris Christofias said that he would refuse any request by international lenders to sell off state-owned companies. Cyprus’ euro-zone partners will decide on the country’s bailout deal on January 21.
  • Technical

    FTSE 20 March future:

      Support levels: 318-312-306. Resistance levels: 332-338-344.


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